@capissimo how are you man
Just want to share here I added some great filters to your strategy, and it worked really well for the strategy on the 15m!
one is the direction function used with my own version of the supertrend indicator, the timemachine(recalculated everything and eliminated the possibilities of repainting) , adapted in this to only enter signals in the given direction.
and the other is the Cycles indicator , that uses two averages , one based on another to filter volume of the and the results are very good , filtered 1/10 of the trades only the needed ones stayed, turns out to be a really good long term indicator, reaching 2 day trades sometimes, drawdown lowered a lot while the profits remains the same or lowered a little! depending on the combination of filters
my only doubt is , what is the best way to create alerts for this strategy ? I know that the ma3, mabase is the way to go for signals for a fast paced indicator and better results. but after I added the cycles filter it seems to be triggering alerts every 15 minutes (only the alerts cause the plots are ok). maybe repaint becomes a problem after the filters are added?
I really appreciate your indicator , as you just don't go around posting crap that repaints. It also seem it may not repaint with no filters, as a first impression.
thought that maybe this is a good basis indicator to turn down the number of trades to only make entries and then, close trades manually using your own trading methods.
capissimo
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@thesickone470, thx for taking yout time to write this message. Glad for you) I will look into what you wrote.
bsinclair2076
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If this could be created for MultiCharts .NET64 Special Edition Version 12.0 Release I would be pay for it!!
CodyMaki
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hey there i find this thing really interesting and as well i am looking at this and im getting a good understanding that it creates these circles for entries and then there is the purple dots as well and i am just wondering is this an entry and exit indictator is that why there is multiple coloured dots thank you and hope that makes any sense lol but yea looking for your feedback oh and great indicator you create quite impressed thank you
Peter_O
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Hey @capissimo. Returning to your script after 1 months :)
In your script above, there are 2 londConditions, one is commented out. Does it mean you completely invalidated that second one, or are there some conditions when it would be even better one?
capissimo
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@Peter_O, originally i used them in the strategy script, and had to remove them in the study script.
Peter_O
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@capissimo, but crossover(macross, mabase) is something different than crossover(ma3, mabase). Completely different parameters I'd say...
capissimo
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@Peter_O, right you are, i should have deleted them, crossover/under(ma3, mabase) is a slower version of condition, because ma3 is based on len3=14, and macross relies on crosslen=2
One suggestion for a filter: Notice that after a good trade the next one is generally a whipsaw, most of the trades go good, bad, good, bad etc, rarely do you get two big trending moves in row. So one filter idea would be to have the strategy to avoid taking the next crossover signal after a nice winner. I'm not sure how to write that up maybe one of you can
Just want to share here I added some great filters to your strategy, and it worked really well for the strategy on the 15m!
one is the direction function used with my own version of the supertrend indicator, the timemachine(recalculated everything and eliminated the possibilities of repainting) , adapted in this to only enter signals in the given direction.
and the other is the Cycles indicator , that uses two averages , one based on another to filter volume of the and the results are very good , filtered 1/10 of the trades only the needed ones stayed, turns out to be a really good long term indicator, reaching 2 day trades sometimes, drawdown lowered a lot while the profits remains the same or lowered a little! depending on the combination of filters
my only doubt is , what is the best way to create alerts for this strategy ? I know that the ma3, mabase is the way to go for signals for a fast paced indicator and better results. but after I added the cycles filter it seems to be triggering alerts every 15 minutes (only the alerts cause the plots are ok). maybe repaint becomes a problem after the filters are added?
I really appreciate your indicator , as you just don't go around posting crap that repaints. It also seem it may not repaint with no filters, as a first impression.
thought that maybe this is a good basis indicator to turn down the number of trades to only make entries and then, close trades manually using your own trading methods.